our streamlined process

1. Applying for a Home Equity Loan. Complete your home equity loan application online or in person. Our commitment to member privacy will ensure that your information and loan document is protected. Once we receive your application, a Real Estate Loan professional will contact you to verify information and request the following additional documentation:
   
   
   • Your most recent statement showing balance(s) owed on your first trust deed and your second trust deed (if applicable).
   • Two months of current and consecutive pay stubs and a copy of your most recent tax return. If you are self-employed, please bring complete tax returns for the last two years.
   • A copy of your most recent Homeowner’s Insurance Policy.
   • A copy of original 1st Mortgage loan contract in full. Application is processed. Can be as quick as a day.
     
     
2. Approving your loan. Your loan will be reviewed for approval. You’ll receive a fast loan decision, usually within two business days.
   
   
3. Appraising your home. If your loan is approved, an appraisal of your home will be ordered. This usually takes from 7 to 10 business days.
   
   
4. Processing documentation. If the appraisal of your home is satisfactory, your Real Estate Loan professional will order and process preliminary home equity loan documents. This usually takes between 20 to 30 business days.
   
   
5. Finalizing your loan. Your Real Estate Loan professional will check all required documents and schedule a signing appointment for you to sign your loan. Signing will be held at the credit union.
   
   
6. Funding you loan. Once all loan documents are signed, funds are transferred into the account of your choice, sent to an individual or company, or issued with a check(s). Congratulations!